Boulger: Shorter Brexit transition period is good for businesses

Having a shorter transition period when leaving the EU is a good thing because it will force businesses to plan accordingly, John Charcol senior technical manager Ray Boulger has said.

The EU said the transition period after the UK leaves the EU should not continue beyond the end of 2020.

The transition period is the temporary period after the UK leaves the EU before the final arrangements start. The UK signalled that the temporary arrangement should last for about two years after Brexit in March 2019.